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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: Mama Bear who wrote (24711)10/5/2000 12:12:54 AM
From: LLCF  Read Replies (2) of 436258
 
<Don't you read this "The outstanding put warrants permit a net-share settlement at the Company's option and do not result in a put warrant liability on the balance sheet." as allowing them to print shares rather than to pay out cash?>

I certainly do not... in any case those warrants would be 'split protected' and would increase in # shares 'putable'. Just because it's off balance sheet doesn't mean they dont have to pay for the shares.

DAK
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